Every VAT-registered business in the UAE must ensure its tax invoices meet the mandatory requirements, with stricter standards ahead as the country transitions to e-invoicing.

VARA (Virtual Assets Regulatory Authority) has been officially recognised as a competent authority under the UAE CIT (Corporate Income Tax) framework.

Cabinet Decision No. (1) of 2026 introduces a CIT (Corporate Income Tax) exemption for qualifying non-commercial sports entities in the UAE, subject to strict eligibility conditions and formal approval by the FTA (Federal Tax Authority).

New Cabinet Decision creates a unified legal framework for how the UAE exchanges tax information with foreign authorities, with clear obligations for businesses and individuals.

From 01.01.2026, the FTA introduces fees for Advance Pricing Agreement applications and replaces the paper registration certificate with an electronic version.

From 14.01.2026, VAT on scrap metal transactions in the UAE will be accounted for by the buyer, not the supplier.

Recent amendments clarify how tax credits are applied and introduce a formal refund process for unutilised balances.

The Ministry of Finance introduced amendments to the executive regulation governing excise tax in the UAE.

The UAE will introduce a tiered excise tax on sweetened beverages based on sugar content, effective 01.01.2026.

Late tax payments in the UAE attract a 14% per annum penalty, and failing to disclose errors before an FTA audit adds a fixed 15% charge on top.